There is no Plan B.

F

floridafan

Verified User
Trump economic adviser Stephen Moore on Friday said that he only knows of one way to revive the cratering economy — and he has no other ideas if it fails to pass Congress.

In an interview with Washington Post economics reporter Jeffrey Stein, Moore was asked what his “Plan B” was if his proposed payroll tax cut, which even faces opposition from some Republicans in the Senate, cannot pass.

“What’s ‘Plan B?’ There is no ‘Plan B!'” Moore said, according to Stein. “This the way to win — through a payroll tax cut.”

Moore’s push for a payroll tax cut comes after newly released figures show that the unemployment rate in the United States has shot up to nearly 15 percent in just the last month after the economy shed more than 20 million jobs.

Even though other countries — including the United Kingdom, Germany, and Denmark — have managed to cushion the economic impact of the COVID-19 pandemic by directly subsidizing companies to keep workers on their payrolls, Moore and other Trump economic advisers have insisted that only payroll tax cuts are needed to revive employment.
https://www.rawstory.com/2020/05/th...for-helping-economy-if-payroll-tax-cut-fails/
 
do you want more corporate bailouts? is that what you're saying?

more stimulus to individuals is a better idea than that fascist trashthink.
 
floridafan said:
Trump economic adviser Stephen Moore on Friday said that he only knows of one way to revive the cratering economy — and he has no other ideas if it fails to pass Congress.

In an interview with Washington Post economics reporter Jeffrey Stein, Moore was asked what his “Plan B” was if his proposed payroll tax cut, which even faces opposition from some Republicans in the Senate, cannot pass.

“What’s ‘Plan B?’ There is no ‘Plan B!'” Moore said, according to Stein. “This the way to win — through a payroll tax cut.”

Moore’s push for a payroll tax cut comes after newly released figures show that the unemployment rate in the United States has shot up to nearly 15 percent in just the last month after the economy shed more than 20 million jobs.
Click to expand...

Many experts are predicting a 20% unemployment rate by the end of May. How on Earth does a payroll tax cut benefit someone who is unemployed? All it does it strip revenue from the government that it can use to help them out. Let me guess, this clown is a buddy of #COVID45 and has no relevant economic expertise?
 
Well I have to admit I was surprised to learn there was even a shitty Plan A....

When did trump "establishment" start making plans??

Does trump know about these ppl ignoring America's major priority @ this crucial moment in our history?? trumps reelection should be everyone's priority!!!!! :mad:
 
Bill said:
Well I have to admit I was surprised to learn there was even a shitty Plan A....

When did trump "establishment" start making plans??

Does trump know about these ppl ignoring America's major priority @ this crucial moment in our history?? trumps reelection should be everyone's priority!!!!! :mad:
Click to expand...

Hahaha........been a long night. I needed a good chuckle.....)
 
ThatOwlWoman said:
Many experts are predicting a 20% unemployment rate by the end of May. How on Earth does a payroll tax cut benefit someone who is unemployed? All it does it strip revenue from the government that it can use to help them out. Let me guess, this clown is a buddy of #COVID45 and has no relevant economic expertise?
Click to expand...

Moore is an "average at best" economist with a less than stellar track record. He is pro business and anti worker. This is his backdoor attempt at pretending to help workers while catering to business.
 
Hello floridafan,

floridafan said:
Trump economic adviser Stephen Moore on Friday said that he only knows of one way to revive the cratering economy — and he has no other ideas if it fails to pass Congress.

In an interview with Washington Post economics reporter Jeffrey Stein, Moore was asked what his “Plan B” was if his proposed payroll tax cut, which even faces opposition from some Republicans in the Senate, cannot pass.

“What’s ‘Plan B?’ There is no ‘Plan B!'” Moore said, according to Stein. “This the way to win — through a payroll tax cut.”

Moore’s push for a payroll tax cut comes after newly released figures show that the unemployment rate in the United States has shot up to nearly 15 percent in just the last month after the economy shed more than 20 million jobs.

Even though other countries — including the United Kingdom, Germany, and Denmark — have managed to cushion the economic impact of the COVID-19 pandemic by directly subsidizing companies to keep workers on their payrolls, Moore and other Trump economic advisers have insisted that only payroll tax cuts are needed to revive employment.
https://www.rawstory.com/2020/05/th...for-helping-economy-if-payroll-tax-cut-fails/
Click to expand...

It won't pass and it won't work.
 
floridafan said:
What good is a payroll tax cut for the 40 million unemployed? A few bucks a pay period will do little or nothing.
A $2000 monthly payment to all workers seems to be a better suggestion
Click to expand...

Oh! So tell everybody they can't work and put them on welfare until everything is disrupted and there are no jobs to return to?
Uhm, no!
No commie, that's not going to work. (pun intended)
 
Matt Dillon said:
Oh! So tell everybody they can't work and put them on welfare until everything is disrupted and there are no jobs to return to?
Uhm, no!
No commie, that's not going to work. (pun intended)
Click to expand...

Who tells everybody they can't work? The jobs are going away now. Note the 15 percent unemployment.
 
I am pretty sure that the meat shortages will wake a lot of folks up.

We are a deeply bankrupt rapidly failing superpower, and China is coming for us...we dont have the luxury of taking a year or more off from getting things done.....if the meat shortages dont do the job of teaching the Depression will.....eventually.
 
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